Sunday, June 30, 2013

Net Worth Update (June 2013)

Current Net Worth
Assets
May-13
June-13
Change
% change
Savings Account 1
$2,429.26
$2,419.38
($9.88)
-0.41
Savings Account 2
$3,133.53
$2,902.53
($231.00)
-7.37
Savings Account 3
$20,080.16
$22,780.16
$2,700.00
13.45
Investment Linked Fund
$9,126.35
$8,601.44
($524.91)
-5.75
Schroders Commodity Fund
$9,463.89
$9,146.00
($317.89)
-3.36
Stock Holdings
$10,135.00
$9,725.00
($410.00)
-4.05
Phillip Money Market Fund
$15,025.34
$15,031.85
$6.51
0.04
Physical cash
$1,000.00
$1,000.00
$0.00
0.00
Market Value Of BTO Flat (to be built in 2016/2017)
$750,000.00
$750,000.00
$0.00

Total Assets
$820,393.53
$821,606.36
$1,212.83
0.15





Liabilities




Home Loan
$617,500
$617,500
$0.00
0.00





Net Worth (including flat to be built in 2016/2017)
$202,893.53
$204,106.36
$1,212.83
0.60
Investible Net Worth
$70,393.53
$71,606.36
$1,212.83
1.72


Highlights

  • Net worth increased by 1.72% (lower than expected) due to the correction in the markets. Decrease in paper gain of portfolio offset the increase of $2,465 in cash/cash equivalents.
  • Cash/Cash Equivalents now constitute 62% of my investible net worth
  • The government GST voucher and Singpost dividends will contribute to my net worth in July 2013 (next month)
  • Plummeting of gold price pulled down the NAV of Schroders Commodity Fund as gold futures are one of the main components of the fund